Should I sign an exclusive agreement with this buyer agent?

[rickc007]

Originally Posted by robino2001

That said, I don't know why a good realtor would work without a signed contract. Why should they do their job to help you find a house/get you into a house... handle paperwork, negotations, etc... and be sitting there with the possibility that you bail on them at the last second and not see any profit from their work.

I don't think you "can" do this ... and certainly shouldn't

If you get new realtor, and say, "can you show me this house"
They ask abit "are you working with someone else, has someone shown
you that house?"

If they handle the paper work, and get you in the house, and negotiate
I think they are legally entitled to the commission....
And certainly if you went that far, stick with the person that showed
the house

But if the realtor can't close (some can't)
Or are no help with info
You do not want to be locked in for 6 months.
Isn't 3 the norm ?

[gatorInCA]

Thank you all for your kind replies.

[gatorInCA]

Did you use a buyer agent back then? Or you went through the whole process solely by yourself?

Originally Posted by verybadgnome

I've bought 2 homes in Austin and never signed such an agreement. What is that saying......."contracts are agreements based on mutual distrust."

[gatorInCA]

Originally Posted by FalconheadWest

There are certain places you can't live because you can't/won't spend that much. Many buyers like areas that they can't afford, and it's our job to help focus the buyers on areas they can afford.

I did a lot of homeworks, and I am pretty sure my target area is within our budget.

Originally Posted by FalconheadWest

Asking an agent their stats can be offensive if they have something to hide. I'm rebuilding my business and definitely closed a heck of a lot more in Dallas than I have in Austin, so I get a little embarrassed when I can't say I closed 25+ last year like I'm used to doing.

For your case, I would totally understand you were new agent to this city and need time to resume your business.

[verybadgnome]

Originally Posted by gatorInCA

Did you use a buyer agent back then? Or you went through the whole process solely by yourself?

I was in a rental the first time so I used a realtor sans agreement to help me find a home in 2000. Year before last I used a realtor for both the buying and selling again with just a verbal agreement. What I didn't know at the start of the process is she only wanted 2% for selling my home.